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XLT. XLT Extended Learning Track. XLT – Extended Learning Track. Learn and implement strategies for intraday, swing and position trading Use trading support tools to understand where the market is going Scan the market for low risk/high reward opportunities

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The traditional pension plan is disappearing. In 1980, some 39 percent of private-sector workers had a pension that guaranteed a steady payout during retirement. Today that number stands closer to 15 percent, according to the Employee benefit Research Institute in Washington, D.C.

The past decade has been a lost one for stocks, with the Standard & Poor's 500 index posting total returns of just 4 percent since the beginning of 2000

Many retirees banked on their homes as their retirement fund. But the crash in housing prices has slashed almost a third of a typical home's value. Now 22 percent of homeowners, or nearly 11 million people, owe more on their mortgage than their home is worth. Many are boomers.

Some 51 percent of early boomer households, headed by those ages 55 to 64, face a retirement with lower living standards, according to a 2009 study by the Center for Retirement Research at Boston College.

Social Security: Nearly 3 out of 4 people file to claim Social Security benefits as soon as they're eligible at age 62. That locks them in at a much lower amount than they would get if they waited.

The monthly checks are about 25 percent less if you retire at 62 instead of full retirement age, which is 66 for those born from 1943 to 1954. If you wait until 70, your check can be 75 to 80 percent more than at 62. So, a boomer who claimed a $1,200 monthly benefit in 2008 at age 62 could have received about $2,000 by holding off until 70.

Medical Costs. Health care expenses are soaring, and the availability of retiree benefits is declining

A 55-year-old man with typical drug expenses needs to have about $187,000 just to cover future medical costs. That's if he wants to be 90 percent certain to have enough money to supplement Medicare coverage in retirement, the EBRI said. Because of greater longevity, a 65-year-old woman would need even more to cover her health insurance premiums and out-of-pocket health expenses: an estimated $213,000

Employment: Boomers both need and want to work longer than previous generations. But unemployment is near 10 percent, and many have lost their jobs.

The average unemployment period for those 55 and older was 45 weeks in November. That's 12 weeks longer than for younger job-seekers. It's also more than double the 20-week period this group faced at the beginning of the recession in December 2007.

"If you have a crisis where the adverse consequences are immediately clear, then people understand that they have to do something," Webb says. "When the consequences will be felt 20 or 30 years in the future, the temptation is that we kick the can down the road." As a result, he believes many won't change their behavior.

“Online Trading Academy will work cooperatively with CME Group to deliver futures trading education via All Star trader events in cities including New York, Chicago and Los Angeles and via outreach to their global community of traders and investors.”

SINGAPORE: The Singapore Mercantile Exchange (SMX) has signed an agreement with the Online Trading Academy (OTA), a global financial markets educator. Under the agreement, OTA will be a Preferred Education Partner for SMX members to access world-class trading and investment training through the expansion of OTA's specialist services tailored around SMX products.

We are pleased to announce that Sam Seiden, our Vice President of Education, has won every category in which he was nominated for the FXstreet.com, Forex Best Awards for 2011:

Best Educational Content: "Lessons From the Pros", Weekly piece by Sam Seiden at Online Trading Academy

Best Educator: Sam Seiden

Best Webinar: "Identifying High Probability Turning Points" by Sam Seiden

“I am so honored that I was nominated for not just one, but multiple categories,” said Seiden. “The Best Educator of the Year award has exciting implications for Online Trading Academy, because it shows that we really do have experts giving people the top-notch quality of education that they need to succeed in trading.”